Templeton Shuns Corporates as Yield Spread Narrows

Templeton Shuns Corporates as Yield Spread Narrows

Tomohiro Ohsumi/Bloomberg

A Chinese flag flies in front of commercial buildings in the central business district of Beijing. The gap between corporate and government yields may see a “small” increase in the second quarter as inflows of speculative capital wane, said Chen Jianheng.